The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1887-06-29
The Cotton Movement.

From the New York Financial Chron-
icle's cotton article of last week the fol-
lowing figures are gathered relative to
the movement of the staple during the
past week:
The total receipts reached 3,549 bales,
against ,032 bales last week, 1883 bales
the previous week, and 9,T65 bales three
weeks since; making the total receipts
since the 1st of September, 1886, $751;
46S bales, against 5, 232, $50 bales for the
same period of 1856, showing de-
crease since September l, 1886, Of 49,
1862 bales.
The exports for the weekreach total
of S,52S bales, of which 2,SS7 were to
Great Britain, - to France, and 5,641
to the rest of the continent.
The total visible upply of cotton, as
made up by cable and telegraph, for the
week is as follows:
Total of Great Britain stock $40, coo
bales, total of continental stocks 392, 600
bales-making a total of European stocks
of 1852, 800 bales. The total visible
supply for the world IS l,993,970 bales;
Of this number 1,246,370 are American
and Al, 800 East Indian, ETC.
The imports into continental ports
during the week were $4,000 bales.
These figures indicate decrease in the
cotton in sight of 70,917 bales as COM
pared with the same date OF 1886, and
q decrease of $500 bales as compared
with the corresponding date of 1885.
The receipts at interior towns for the
week were 2,42l bales. Old interior
stocks have decreased 1861 bales, and
were 81, 164 bales less than ct the same
period last year.
The receipts from the plantations,
being the actual movement, not includ-
ing the overland receipts nor Southern
consumption, of cotton that reached the
market through the outports for the
week were 3,549 bales. The total re-
ceipts since the lst September are 5, lSl,-
506 bales.
Cotton in sight $780,, ,293 bales, being
a decrease, as compared with last year,
of 100 bales.
Mr.. Ellison's cotton figures, brought
down eto 1st June, give the taking by
spinners of Great Britain 2,5l4, 900 bales
and the continent 1927, 900 bales, total
of ), 5,14l, 900 bales, against the total of
previous year OF i, $3.50 bales. The
average weight OF deliveries in Great
Britain is 40 pounds, against 454 pounds
during the same time last year. CONT
mental deliveries average 1876 pounds,
against AT pounds last year.
In reviewing the speculation in futures
during the past week, the Chronicle says:
The speculation in cotton for future
delivery at this market has been fairly
active for the week under review, but
the course of prices has continued quite
unsettled, besides again showing some
irregularity as between the current and
the next crops. A feature has been the
weakening of the speculative confidence
in September deliveries, which was at
one time very strong. Thus on Satur-
day there was an advance for every
month except September and October.
On Monday a general decline took place
in the latter dealings, due in a measure
to sympathy with the coffee market, with
which many members of our Cotton Ex
change hold close relations. On Tues
day steadier opening was followed by
fresh decline, and then partial recov-
cry. Wednesday the market was active,
but closed slightly easier. On Thursday
better report from Liverpool and i'm
proved tone and values in other specula-
tive circles gave renewed apirit to the
speculation for the rise in cotton. Fri
day there was sharp decline, with the
close at about the lowest figures, due
again, it was almost uniformly admitted,
to sympathy with the decline in coffee.
Cotton on the spot has been quieter.
The purchases for Russia embraced 1000
bales additional tax =, on Friday after
Change: making 9.G1J bales in all; after
which there was fair demand for home
consumption.